President Trump sounds like he’s picking a fight with Japan over trade. That could make for tricky talks about a hugely important relationship when he meets Prime Minister Shinzo Abe.
The U.S. and Japan account for nearly a third of the global economy. Trade in goods and services between the world’s No.1 and No.3 economies was worth nearly $268 billion in 2015.
The U.S. emerged from the financial crisis with a healthier economy than Japan, which has struggled for years with weak growth and falling prices. But in Trump’s view of international trade — where winners have surpluses and losers have deficits — Tokyo is beating Washington.
Japan’s surplus in goods traded with the U.S. stood at $69 billion last year. Put another way, Japan is now second only to China in contributing to the U.S. trade deficit.
Top 10 Financial Stocks To Invest In 2018: CBOE Holdings Inc.(CBOE)
Advisors’ Opinion:
- [By Wayne Duggan]
Wall Street has been watching bitcoin this week, with the price up another 39.8 percent to above $16,000 ahead of the highly anticipated launch of bitcoin futures trading by Cboe Global Markets Inc (NASDAQ: CBOE) starting Sunday. Bitcoin has been around for years, but bitcoin futures trading will make trading a breeze for average retail investors for the first time.
- [By David Zeiler]
Bitcoin futures trading started at the CBOE Global Markets Inc. (Nasdaq: CBOE) on Dec. 10 and on the much larger CME Group Inc. (Nasdaq: CME) on Dec. 18. Nasdaq Inc. (Nasdaq: NDAQ) plans to begin trading Bitcoin futures in the first half of next year.
- [By Saumya Vaishampayan
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Those who dabble in derivatives tied to the CBOE (CBOE) Volatility Index are placing bets that pay out if the stock market keeps swinging, and especially if it drops.
Top 10 Financial Stocks To Invest In 2018: BofI Holding Inc.(BOFI)
Advisors’ Opinion:
- [By Matthew Frankel]
Internet-based bank holding company BofI Holding (NASDAQ:BOFI) is not like most other banks. Since the name BofI stands for “Bank of Internet,” one thing that obviously makes the bank unique is its online-only business model. However, there are a lot of less-obvious things about BofI Holding that you might find interesting.
- [By Matthew Frankel]
3. BofI Holding (NASDAQ:BOFI) is a more speculative choice, but one that deserves serious consideration. The bank, whose name stands for “Bank of Internet”, is the oldest internet-only bank in the U.S. By maintaining an online-based business model, the bank enjoys competitive advantage such as low overhead and the ability to offer better rates on loan and deposit products than peers.
- [By Jason Hall]
Internet bank holding companyBofI Holding, Inc.(NASDAQ:BOFI) reported financial and operating results on April 25 after market close, with net income of $41 million — the most-ever in a single quarter in its history. BofI delivered strong growth in net interest income, book value, loan originations, and a number of other key metrics.
Top 10 Financial Stocks To Invest In 2018: Petroleum Resources Corporation(PEO)
Advisors’ Opinion:
- [By Lisa Levin]
In trading on Wednesday, financial shares fell 0.13 percent. Meanwhile, top losers in the sector included Adams Natural Resources Fund Inc (NYSE: PEO), down 4 percent, and Old Point Financial Corporation (NASDAQ: OPOF) down 3 percent.
Top 10 Financial Stocks To Invest In 2018: The First of Long Island Corporation(FLIC)
Advisors’ Opinion:
- [By Dividends4Life]
The First of Long Island Corporation (FLIC) operates as a bank holding company for The First National Bank of Long Island that provides financial services. Sept. 19, the company increased its quarterly dividend 4% to $0.26 per share. The dividend is payable Oct. 11, 2013 to shareholders of record on October 3, 2013. The yield based on the new payout is 2.7%.
Top 10 Financial Stocks To Invest In 2018: KKR(KKR)
Advisors’ Opinion:
- [By WWW.THESTREET.COM]
In the Lightning Round, Cramer was bullish on Kohlberg Kravis Roberts (KKR) , Opko Health (OPK) and Allergan (AGN) .
Cramer was bearish on Kimberly-Clark (KMB) , Novartis AG (NVS) , Chemours (CC) and Gulfport Energy (GPOR) .
- [By Jon C. Ogg]
The long saga regarding Pandora Media Inc. (NYSE: P) has finally come to a head. Well, maybe. Rather than KKR & Co. L.P. (NYSE: KKR) investing $150 million, Sirius XM Holdings Inc. (NASDAQ: SIRI) will be investing up to $480 million in the streaming music rival. With its ticketing unit sale taking place as well, it might seem that Pandora is getting a great deal and helping to bolster its books.
Top 10 Financial Stocks To Invest In 2018: Teucrium Corn Fund (CORN)
Advisors’ Opinion:
- [By Casey Wilson]
Investing in commodity-based ETFs (exchange-traded funds) or ETNs (exchange-traded notes) is a great way to gain exposure to a specific commodity, like corn (NYSE Arca: CORN), livestock (NYSE Arca: COW), or grains (NYSE Arca: GRU).
Top 10 Financial Stocks To Invest In 2018: Tanger Factory Outlet Centers Inc.(SKT)
Advisors’ Opinion:
- [By Shauna O’Brien]
Jefferies announced on Wednesday that it has cut its rating on Tanger Factory Outlet Centers Inc. (SKT).
The firm has downgraded SKT from “Buy” to “Hold,” and has lowered the company’s price target from $40 to $35. This price target suggests an 8% upside from the stock’s current price of $32.22.
Analyst Omotayo Okusanya commented: “We expect near-term headwinds for the mall and outlet mall segment as tenant sales growth appears to be slowing.”
“At SKT, development yields on two projects have also been reduced. Further, rising interest rates negatively impact our DDM-derived PT. Our lowered PT of $35 represents a 10% total return over the next-twelve-months (NTM); we are downgrading to Hold,” added the analyst.
Tanger Factory Outlet shares were mostly flat during pre-market trading Wednesday. The stock is up more than 5% YTD.
- [By WWW.THESTREET.COM]
In the Lightning Round, Cramer was bullish on Palo Alto Networks (PANW) , Cisco Systems (CSCO) , Tanger Factory Outlet Centers (SKT) and Consolidated Edison (ED) .
Top 10 Financial Stocks To Invest In 2018: Pebblebrook Hotel Trust(PEB)
Advisors’ Opinion:
- [By Marshall Hargrave]
The other key benefit for Strategic is that it enjoys industry-leading earnings before interest, taxes, depreciation and amortization (EBITDA) per available room. For 2012, Strategic generated $81 per room of EBITDA. Compare this to top comps LaSalle Hotel (NYSE: LHO) at $74 per room and Pebblebrook Hotel Trust (NYSE: PEB) at $71. The reason for this is that Strategic is much less reliant than its peers on rooms, with much greater exposure to food and beverages. Strategic earns 53% of its revenue from rooms, while its peers get around 66% of revenues from rooms.
Top 10 Financial Stocks To Invest In 2018: Tree.com Inc.(TREE)
Advisors’ Opinion:
- [By WWW.THESTREET.COM]
Coming up on this episode of Mad Money: Cramer interviews United Technologies (UTX) CEO Greg Hayes; and Doug Lebda, CEO of LendingTree (TREE) . Plus, don’t miss the Lightning Round. Which stocks is Cramer bullish on?
- [By Lisa Levin]
Shares of Lendingtree Inc (NASDAQ: TREE) got a boost, shooting up 16 percent to $212.90. LendingTree reported Q2 adjusted earnings of $0.90 per share on sales of $152.8 million. The company also raised its FY17 outlook.
- [By Taylor Cox]
Analyst/Investor Days
Equifax In Montreal
LendingTree, Inc (NASDAQ: TREE)
Iovance Biotherapeutics, Inc (NASDAQ: IOVA)
The Charles Schwab Corporation (NYSE: SCHW) business update callAnnual Shareholder Meetings
Top 10 Financial Stocks To Invest In 2018: Potlatch Corporation(PCH)
Advisors’ Opinion:
- [By Lisa Levin]
Here is the list of stocks going ex-dividend on Friday.
Douglas Dynamics Inc (NYSE: PLOW) – $0.2350 dividend, 2.9183 percent yield
Tiffany & Co. (NYSE: TIF) – $0.4500 dividend, 2.6758 percent yield
PulteGroup, Inc. (NYSE: PHM) – $0.0900 dividend, 1.7078 percent yield
Leidos Holdings, Inc. (NYSE: LDOS) – $0.3200 dividend, 3.0851 percent yield
Tupperware Brands Corporation (NYSE: TUP) – $0.6800 dividend, 4.1756 percent yield
Hudson Pacific Properties Inc (NYSE: HPP) – $0.2000 dividend, 2.36
